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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: Sun Tzu who wrote (7942)3/10/1999 7:09:00 PM
From: Copeland  Read Replies (1) of 99985
 
BTW, here are two articles that you might want to look at:

I've read articles like those for years. Unfortunately, it's very difficult to feasibly recognize when everybody's in the market and when there are still people clamoring to get in.

Just when you think the market is incredibly overbought -- put/call ratio astronomical, VIX readings unbelievable, sentiment overly bullish, your neighbor's 10-yr-old son has his own E-trade account, a divergence between new highs and the advancer-decline line or new highs-new lows readings, et al. the market declines a bit and then comes soaring back with a fury, loaded with 401K and IRA monies.

Plenty of greater fools out there.
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